Shares of Tesla Inc. TSLA,
moved up 0.70% to $ 850.45 Wednesday, on what turned out to be an all-round great trading session for the stock market, with the NASDAQ Composite Index COMP,
an increase of 1.97% to 13,457.25 and the Dow Jones Industrial Average DJIA,
increases by 0.83% to 31,188.38. This was the stock’s second consecutive day of profit. Tesla Inc. closed $ 34.04 short of its 52-week high ($ 884.49), which the company hit on Jan. 8.
The stock underperformed on Wednesday compared to some of its competitors, such as Toyota Motor Corp. ADR TM,
Up 1.25% to $ 149.98, General Motors Co. GM,
rose 1.86% to $ 55.86, and Honda Motor Co. Ltd. ADR HMC,
rose 1.71% to $ 27.95. The trade volume (24.9 million) remained 21.9 million below the 50-day average volume of 46.8 million.
Editor’s Note: This story was automatically generated by Automated Insights using data from Dow Jones and FactSet. See our terms of use for market data.